The tip of the iceberg Arctic shipping has too much at stake to back watered-down legislation
Data Hub: Load Factors - The ace of trades This month: a look at the likely impact of supply and demand on some of the key European trade lanes
Suezmax crude tankers saw zero fleet growth in first quarter Positive sign for most pressured tanker segment
Industry viewpoint: UK shipping minister Stephen Hammond A sustainable recovery requires more home-grown seafarers with better skills
UK extends tonnage tax training to ratings Shipping minister Hammond hints that the concession scheme will change
VLGC earnings to average almost $50,000 per day this year Demand outpaces supply
Sovcomflot sells two product tankers as trade shift boosts interest Owners move to take advantage an of intriguing change in the market
European banks lend $830m on Star Cruises vessel Rare case of Asian owner looking west for finance
Pan Ocean bank plans don't pan out Struggling dry bulk operator sought to offload small savings bank
The logistical battleground A massive logistics operations is now under way as the UK military pulls out of Afghanistan. Royal Naval Media Operations Reservist Ian Aitchison reports EXCLUSIVELY for Containerisation International on what this multi-million dollar move involves
ILO adopts new measures to protect abandoned seafarers Amendments face approval vote for inclusion in MLC at next International Labour Conference in June
Very Large Crisis Coming Tanker owners are heading for trouble unless they stop ordering the biggest crude carriers
NYK agrees charter arrangements for 14,000 teu ships Japanese fund is said to own the eight Kure-built containerships for delivery from 2016
Höegh LNG ups new credit facility to $412m Oslo-listed gas shipping specialist reaches agreement with half a dozen banks
CSC Phoenix forecasts a return to the black in first quarter Chinese coastal bulker operator cuts expenses and diversifies business amid restructuring
ULCS size-up to continue The ordering of ultra large container ships (ULCS) is unlikely to stop after carriers have overhauled their Asia-Europe trades that mostly employ these vessels, a senior shipping analyst said
Simek secures Fletcher PSV pair Norwegian shipbuilder Simek has secured orders for two platform supply vessels (PSVs) from Scottish owner Fletcher Shipping
CSI Jiangsu secures ultramax quartet China Shipping Industry (Jiangsu) has secured an order comprising four ultramax bulk carriers from compatriot owner Shanghai DongFang (Far East) Leasing
Australia deploys unmanned sub in MH370 search Australian Navy vessel HMS Ocean Shield is preparing to launch an unmanned submarine to search for the wreck of the missing MH370 aircraft on the ocean floor
Higher costs weigh on Ezra Ezra Holdings saw a dip of $3M in its core earnings for 2QFY14 along with a negative core EBITDA of $1.8M due to the high recurring costs of its fleet
Shipping at Australian coal ports resumes in wake of Cyclone Ita Tropical Cyclone Ita hit the Queensland coast north of Cairns on Friday evening (11 April), causing extensive flooding and damage to townships before moving south
Drewry: Shippers Feel Capacity Cuts Shippers can expect more cargo to be "rolled" to later voyages as container lines continue to cut costs by slow-steaming and laying up vessels, Drewry Maritime Research said in its latest Container Insight Weekly. Drewry said slow-steaming and layups allowed carriers to limit effective capacity growth to 22 percent since 2008,...
Big Ships Prompt Singapore to Up Productivity Research With productivity a growing battleground among container terminals, Singapore is making a high-profile research investment to ensure its port, the world's second busiest, remains competitive. The Maritime and Port Authority of Singapore (MPA) and PSA Corp. will inject $24 million into the Port Technology Research and Development Program to develop next-generation...
List of LTL Carriers Seeking Higher Rates Grows Old Dominion Freight Line is the latest less-than-truckload carrier to raise its tariff rates this year, as trucking costs rise across the board. ODFL is raising its base trucking rates 4.3 percent on average, effective May 1, the less-than-truckload carrier said today. Average general rate increases this spring range from 3.9...
NTSB Fatal Crash Probe Turns to Truck Driver The investigation into the fiery truck and bus crash that killed 10 people in California last week is turning from the accident wreckage to the work record and history of the FedEx Freight truck driver involved in the crash, as the National Transportation Safety Board searches for a cause for...
Analyst: Fracking Will Reshape Economy, Transportation TUCSON, Ariz. - Booming U.S. oil and natural gas production is "one of the most underappreciated megatrends," one that promises not only to reshape the global economy but also to give railroads and trucking companies a cheaper way to move freight, a senior equity research analyst said on April 12. Donald...
Growth Slows for Top 50 Trucking Firms [Infographic] Trucking's 50 largest companies increased their combined revenue 5.5 percent in 2013 to $106.6 billion, according to the Top 50 Trucking Companies list published by The Journal of Commerce and prepared by SJ Consulting Group, Pittsburgh. The carriers, ranging from the largest U.S. transport operator, UPS, to Pitt Ohio, a regional...
TPM 2014 Sponsored Video: Maersk Line Tom Sproat, senior vice president, Maersk Line, discusses progress on the carrier's eight-point customer charter, including the role of metrics and dialogue with customers....
New 1 Percent Tax? Slim Chance Q: A summary of a bill introduced in Congress, "The Freight Infrastructure Reinvestment Act of 2013," H.R. 3825, just crossed my desk. If it hasn't already crossed yours, check out the proposed "tax on taxable ground transportation of property equal to 1 percent of its fair market value." Quite apart from...
Bigger Ships Pinch Productivity at Hong Kong Kwai Chung, Hong Kong.The Hong Kong port faces challenges on several fronts, among them declining volumes, uncompetitive proximity to South China manufacturing versus Shenzhen and Guangzhou, and the threat of a change in China's cabotage rule such that terminal operators could siphon away some 30 percent of its cargo if...
ISC sounds alarm International Shipholding Corp (ISC) of the US made waves on Wall Street Monday after warning investors that it expects to turn in a first-quarter loss.
All systems go Crowley Maritime appears to be moving forward with plans to equip a pair of ro-ro containerships (con-ros) under construction in the US with LNG power systems.
Crowley rolls the dice Crowley Maritime recently pulled an application for loan guarantees backed by the US Maritime Administration (MarAd) but the operator hasn't given up on the Title XI programme altogether.
NuStar lands nod The launch of new marine loading dock at a terminal in Corpus Christi bodes well for the Jones Act tanker, tug and barge market, according to an analyst at Arctic Securities.
Crowley pulls loan app Another US shipowner appears to have withdrawn an application for Title XI loan guarantees backed by the US Maritime Administration (MarAd).
GTT logs Q1 growth French LNG containment system designer GTT has reported a 31.1% jump in revenue during the first quarter of this year to EUR 59.1m ($81.7m) compared to the comparable period in 2013.
Dutch yards under scrutiny The European Commission is investigating Dutch shipyards' use of a tax leasing system following complaints by Spanish rivals.
BDI slips below 1,000 points Slumping capesize rates dragged the Baltic Dry Index (BDI) below 1,000 points on Monday.
GSI eyes fresh funds Guangzhou Shipyard International (GSI) appears to be gearing up for the next stage of its expansion with another equity offering.
CSC Phoenix faces chop Chinese bulker owner CSC Phoenix is facing delisting in China after it posted another huge annual loss.
SNO eyes profit Romanian shipyard Santierul Naval Orsova (SNO) is hoping to return to the black this year.
Euronav to snap streak Euronav has been tipped to complete a listing in the US within the next few months backed by a return to profit for the first quarter.
Simek lands Fletcher order Scottish owner Fletcher Shipping has ordered two platform supply vessels (PSVs) from Simek in Norway.
Topaz builds in West Africa Topaz Energy and Marine has added another vessel to its fast expanding West Africa-based fleet.
Vinalines ship seized South Korea's SK Engineering and Construction (SK E&C) has had a Vinalines bulker arrested over an unpaid debt.
OCBC boosts Ezra Expectations of improved earnings and subsea contract wins have led OCBC to upgrade its rating on Ezra Holdings.
Bulker sinks workboat A workboat has sunk off Colombia following a collision with a Columbia Shipmanagement bulker.
Noren netted more Hans Noren saw his pay packet double in his final year at the helm of Concordia Maritime thanks to a severance payment.
KfW provisions jump German bank KfW has more than doubled loan-loss provisions due to ongoing problems in shipping markets.
RABT holding out Swedish shipowner Rederi AB TransAtlantic (RABT) has urged shareholders to reject a full takeover bid by majority shareholder Christen Sveaas.
Double for Arkas Turkey's Arkas Group is renewing its fleet with an order for two new boxships in China.
Bronze bonus for Danaos Danaos Corporation has secured over $11m from its latest scrapping deal.
Baltiysky in pole position Russian shipyard Baltisyky Zavod looks likely to clinch a deal to build two nuclear-powered icebreakers for state agency Rosatom.
Reefer skips Durban A Ukrainian reefer has scrapped a refuelling call in South Africa after an outcry over its cargo of whale meat.
Hoegh LNG nets $412m Hoegh LNG has secured a larger than expected loan to pay for two FSRU newbuildings.
Lamnalco orders tug Smit Lamnalco has signed up for a new tug at Damen in the Netherlands for its Russian oil and gas terminal operations.
NYK adds eight big boxships Japanese owner NYK has revealed a charter deal for eight huge boxships ordered at Japan Marine United (JMU).
Dong Fang books four Shanghai DongFang (Far East) Leasing has become the latest shipowner to order ultramax tonnage.
Nigeria frees guards Nigerian authorities have released two UK nationals who were arrested last month amid allegations of crude oil theft.
Ship battered off Scotland A general cargo vessel was forced to battle gale force winds off Scotland over the weekend after losing steerage.
EU moves to improve road haulage rules European states must work harder to enforce existing road haulage rules, even as the EU works to improve sustainability in the road transport sector, according to a study on road haulage in Europe released by the European Commission.
Mitsubishi acquires stake in Valencia container terminal Two Japanese companies -- Mitsubishi Corporation and Kamigumi Co. -- have jointly acquired a 25-percent share in TCV Stevedoring Company S.A., which operates the container terminal in Valencia, Spain.
Stifel sees pricing momentum for LTL carriers
Maersk service to connect East Coast, South America
NYK to charter 8 14,000-TEU container ships
Agreement to help abandoned seafarers An agreement has been announced for amendments to the Maritime Labour Convention to ensure the provision of assistance to seafarers in the event of their abandonment and for compensation for contractual claims for death and personal injury.
BIS adds seized Crimean company to restricted list
Research reflects rise in skipped sailings Shippers should prepare for longer transit times and more frequent use of skipped sailings or "blank voyages" by container carriers, according to recent research.
Investigators search for answers in deadly FedEx Freight crash
Regional hubs see firmer pricing South African prices make gains.
Prices firm across European ports Rotterdam expecting congestion this week.
German company lands LNG fuel system contracts Firm sees more opportunities in sector.
Industry sees need for improved control of bunker supply IBIA and BIMCO would welcome better and more uniform implementation of MARPOL Annex VI provisions.
Indonesian player eyes savings from gas-fuelled ships Pelni and Pertamina Gas considering LNG as marine fuel.
Asian prices start week stronger Prices have risen at most key ports.
Expect box line BAF hike due to ECA, say analysts High cost of low sulphur material behind price inflation.
Vessel seized after Houston ship channel spill freed After ship's operator files $9 million bond.
Sohar joint venture bunkering firm posts loss Company was in profit the year before.
Bunker spill reported in Colombia Barge grounded while shipping materials for US coal mining giant.
Rolls-Royce to study remote controlled vessels Study will conclude by the end of 2015.
Push to get more Singaporeans into bunkering gets first results Graduates from MPA sponsored training initiative gain certificates.
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